hen your firm is the first mover in a new market, you have a huge advantage over any competition that may develop later – as long as you continually dominate it.
Author Archives: Christopher Padilla
Industry Specialization vs Business Intellect: Can A Bartender Run An Automobile Repair Facility?
If you are worried that lack of knowledge in a specific industry will hold you back as a business owner, then you may be consoled by the fact that some of the biggest names in business own a myriad of companies in which they have no industry specialization…and it made them billions.
Get More Customers by Reducing Uncertainty
People, more often than not, trade their dollars for products or at locations that they feel comfortable with. Reduce potential customers’ uncertainty about your product or location and you may be able to reap huge rewards.
Build A Stronger Business Through Acquisitions
The Roll Up strategy, if understood and properly executed, can be among the most profitable for entrepreneurs or experienced business leaders due to the numerous benefits it provides. The consolidation of an industry within or between geographic markets, referred to as a “Roll Up,” is a strategy that has the potential to return a greatContinue reading “Build A Stronger Business Through Acquisitions”
These Are Two Key Traits to Build Wealth
If you are interested in building wealth, then there are two key traits that are common to nearly everyone who has built a portfolio worthy of retirement.
How to Profit From Increased Market Volatility
Not for the long term investor, the faint of heart, or the inexperienced, but this can buoy up your portfolio during times of increased volatility.
Speculating vs Investing
If you plan to put money into the stock market, then you should know where you’re headed and how to get there. In short, you need to be an Investor, not a Speculator.
How a Minimum Viable Product Can Jumpstart Your Business
When entering a new market, you don’t need the perfect product or service. All you need is a Minimum Viable Product which will evolve over time with you and your customers.
The Future of Work. The Future of Efficiency.
There are a number of seen and unforeseen benefits to the remote work business model. Thanks Covid!
To Build Wealth, Think Like an Economist
Thinking like an economist is one of the major contributors to the creation of personal wealth. It is easy to do if you can ignore the myriad of marketing campaigns all around you.
Christopher Padilla 